Fluent Inc stock (US34380C1027): digital marketing player after reverse split and restructuring move

FLUENT said shareholders will vote on an all-stock plan under which Vireo Growth Inc. would acquire all FLUENT shares. Vireo’s 30-for-1 share consolidation on June 5, 2026 automatically adjusted the exchange ratio to 0.002351197 Vireo shares per FLUENT common share, and an amendment on June 8 affirmed it. FLUENT received an interim court order June 11 to hold the meeting.

KDBF Ventures LLC, a Katonah landlord, filed a July 6 lawsuit in Westchester Supreme Court seeking $1.7 million from Fluent Corp. and RIV Capital Inc. over unpaid rent tied to 5-year cannabis store leases in Kingston and Midtown Manhattan. KDBF alleges Fluent acquired RIV in 2024, then rebranded, closed stores, removed fixtures, and failed to pay rent, asserting guarantees bind Fluent. Fluent did not respond.

Eaton (NYSE:ETN) said the U.S. Air Force Research Laboratory awarded it a $7 million, 24-month contract to use quantum computing, machine learning, and advanced visualization to improve power grid resilience and protection. The work, with Infleqtion and Penn State, targets detection and response to multiple concurrent physical and cyber threats, addressing NERC N-2 contingency requirements.

ExxonMobil Moçambique Limitada issued McDermott Energy Solutions (UK) a letter of intent for limited engineering and procurement work on Rovuma LNG Phase 1 midstream development. The award supports planning ahead of a final investment decision expected in 2026. Rovuma LNG targets 12 modular trains totaling 18.6 mtpa, with start-up in 2031. ExxonMobil says the 30-year project could generate about $150B in revenues for Mozambique’s government.

Serbia President Aleksandar Vucic said Serbia will open a joint UAV factory with Elbit Systems, with inauguration expected Sept 15-20. Elbit will hold 51% and Serbia’s state arms firm SDPR 49%. The factory relates to a five-year contract covering precision rockets and unmanned systems, plus ISTAR, digitization and upgrades.

The U.S. Department of Defense, according to The Washington Post, asked defense contractors to submit within 21 days production and delivery schedules for critical systems, citing depleted stockpiles. CSIS estimates cite heavy early use of missiles and falling Patriot and THAAD inventories. The Pentagon is working with Northrop Grumman and Lockheed Martin, including a $58.6B deal to triple PAC-3 output by 2030, pending a stalled $1.15T defense budget.